Blackboard: With Both Co-founders Now Gone, It’s The End Of An Era For The Education Software Giant

http://techcrunch.com –
This week, in a letter addressed to “The Education Community,” Michael Chasen stepped down as the CEO of edtech software giant, Blackboard. In a way, it’s the end of an era. Whether or not it was an “era to remember” remains to be seen.
Why is this significant? Because of what Blackboard has come to represent — both for good and for ill. On the one hand, the company became one of the biggest success stories in the education space, bringing mainstream consumer and investor attention (and scale) to an industry that previously had little. But that’s only
(IT news)

Stories similar to Blackboard: With Both Co-founders Now Gone, It’s The End Of An Era For The Education Software Giant

Venture capitalists really hit the books in 2014, investing nearly $2 billion in EdTech companies. That’s a 50% jump from the previous year. For millions of children in the American education system, more venture money doesn’t necessarily translate to a better education. Read More

At our TechCrunch Disrupt conference today, Joel Klein, the former Chancellor of the New York City Department of Education who now runs News Corp.’s education division, talked about some of the difficulties startups face in disrupting education.